News

Business

OPEC faces a bigger problem in Washington than Trump's tweets

(c) 2018, Bloomberg. American politicians are at it again: punching OPEC. The cartel has often been a bogeyman for U.S. politicians since the first oil crisis in 1973. Now OPEC is facing a renewed political assault in Washington, directly from President Donald Trump’s Twitter account, and quietly,...


Business

Fed Chairman Powell's puzzling US labor market looks somewhat like Japan's

(c) 2018, Bloomberg. U.S. policy makers for years sought to avoid what they saw as the Japanese disease of a deflation-wracked, depressed economy. But now Federal Reserve Chairman Jerome Powell seems to be hoping that the U.S. has grown a bit like Japan in one key respect: the jobs market. In...


Business

US housing starts climbed 5 percent in May to strongest pace since 2007

WASHINGTON (AP) — US housing starts climbed 5 percent in May to strongest pace since 2007.


Government

Allergies, glaciers, and pikas: climate change in action

30 Years Of Warming Examples

WASHINGTON (AP) — You don’t just feel the heat of global warming, you can see it in action all around. Some examples of where climate change’s effects have been measured: —Glaciers across the globe are melting and retreating, with 279 billion tons of ice lost since 2002, according to NASA’s GRACE...


World

Global stocks tumble after new Trump tariff threat

South Korea Financial Markets

BEIJING (AP) — Global stock markets fell Tuesday after U.S. President Donald Trump escalated a dispute with China over technology policy by threatening a tariff hike on an additional $200 billion of Chinese goods. KEEPING SCORE: Germany’s DAX was down a sharp 1.3 percent to 12,673 and France’s CAC...


Business

People's United acquires Farmington Bank in $544M deal

BRIDGEPORT, Conn. (AP) — People’s United Bank has agreed to acquire the holding company for Farmington Bank in a 100 percent stock transaction valued at about $544 million. People’s United Financial Inc., the holding company for People’s United Bank, announced the agreement to acquire First...


Auto

New grads, unlock your future with a credit check-up

NerdWallet Graduation Credit

In college, establishing credit felt about as pressing as an optional homework assignment. But now that you’ve graduated, it’s suddenly at the top of your summer to-do list, with a deadline of ASAP. And for good reason. Good credit is your ticket to an easier and more affordable postgrad life. It...


Business

The Associated Press has learned that Verizon will end sales of phone-location data

AP () — — The Associated Press has learned that Verizon will end sales of phone-location data through intermediaries.


Government

The Latest: Attorneys general demand family separation stop

Immigration Holding Facility

WASHINGTON (AP) — The Latest on the controversy over child and parent separations at the U.S.-Mexico border (all times local): 9:53 a.m. Democratic attorneys general are demanding the Trump administration end a “zero tolerance” policy that has resulted in children being separated from their parents...


Business

US stocks slump in global sell-off after Trump threatens more tariffs on China

(c) 2018, The Washington Post. Markets sank Tuesday on fears that the United States and China may be veering toward an all-out trade war. The Dow Jones industrial averaged dropped 370 points, or 1.5 percent after the opening bell on worries that the tit-for-tat tariff threats between the United...


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